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Amazon.com, Inc. (AMZN) is a leading tech and e-commerce company known for its extensive online marketplace. Customers can access Amazon's services through various channels, including websites, mobile apps, Alexa devices, streaming services, and physical stores.
Amazon also manufactures and sells electronic devices such as the Kindle, Fire tablet, Fire TV, Echo, and Ring. In addition, the company develops media content and offers subscription services, including Amazon Prime.
Trading Amazon Shares:
- Currency Exchange Risk: Investing in Amazon shares exposes investors to currency exchange risk. Fluctuations in currency exchange rates can affect the value of the investment in sterling terms. Even if the stock price increases in its local currency, you could still lose money when converted to sterling.
- Additional Costs: Stocks listed on foreign exchanges may incur extra dealing and exchange rate charges and might have different tax implications. They may also offer less regulatory protection compared to UK-listed shares.
Disclaimer: The information provided is for informational purposes only and does not constitute tax advice.
